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chief rupert murdoch with tough questions later today, outraged over a string of allegations reporters for the paper hacked mobile phones to get scoops. murdoch's apologized. much more on the story justice ahead on "world business today." one of the first journal itss who exposed phone hacking by "news of the world" has been found dead. sean ward said andy coulson hacked into phones. police are not treating the death as suspicious. >>> a u.s. official says a meeting between the u.s. and libya at the weekend was meant to deliver one message, that moammar gadhafi must go. libya called the face-to-face talks in tunisia a first step. the u.s. says the meeting was a one-off event. >>> the women's world cup team soaked up the limelight after bringing japan its first cup title. japan's the first asian nation with a world cup championship. those are the headlines. auto' jane verjee at cnn in london. "world business today" starts now. >> a very good afternoon to you from cnn hong kong, i'm alicia tank. >> good morning from cnn london. you're watching "world business today." time to testify, new
hours, rupert murdoch will face parliament. we're live in london. >> no break in the debt ceiling talks but the white house insists that backstage progress is being made to reach a deal before the august 2nd default deadline on this "american morning." >>> good morning to you. thank you for being with us. 6:00 a.m. in new york this morning. tuesday, july 19th. i was hearing that in parts of iowa the heat index felt like 130 yesterday. it's been brutal out there. >> even this morning on the east coast, it felt different. it felt hotter. we'll be covering that. >>> we're watching that and millions are watching with a worldwide media empire hanging in the balance rupert murdoch is just hours away from facing his defining moment. in less than four hours, murdoch, his son and former top newspaper executive will appear before the british parliament. >> they will be asked what they knew about this phone hacking scandal that's growing wider by the day. it's threatening to take down news corp and perhaps murdoch himself. >> and the question is what they are going to be called upon to explain, wh
. see you back here tomorrow. >>> rupert murdoch says the phone hacking scandal is not ultimately his fault. this hour, the rivetting testimony about the broken trust, the shattered ethics and those who should pay for alleged crimes. stand by. hackers say they turned the tables on murdoch's company, tap into internal e-mail and other corporate secrets. they're threatening to go public with what they found. and president obama embraces a bipartisan compromise that could potentially, at least, be a way out of looming debt crisis. he's urging house republicans not to waste their time on a symbolic vote due to happen very soon. i'm woft blitzer here in "the situation room." >> rupert murdoch says this is the most humble day of his life. a titan of news business, he was called on the carpet before the british parliament today over the phone hacking scandal that shocked and afalled the world. along with a son and former chief executive, murdoch was hammered with questions about alleged crimes that brought down his popular tabloid, "the news of the world." >> we felt ashamed of what had happ
. >> politics, high finance and criminal allegations, the whirlwinds rocking rupert murdoch's mighty mediame empire. >>> markets in europe are deep in the red on heels of steep markets across asia. how are things moving where you are? >> down, a third session of losses and quite heavy ones. let's check in with the markets. really quite heavy, off by more than 2%, comfortably more than 2%, and with the paris and zurich off by 2.1%, zurich off by more than 2.1% and the same theme as we saw in monday's session which is the banks very heavily being sold at the moment heavily, there is clearing great deal of worry about the contagion spreading to italy about this moving into a generalized crisis with a lot of banks really coming under pressure with non-performing government bonds on their books, and just one other theme, thomas cook is down on a profit warning, but really the whole worry about italy's finances very much putting all of that in state and look at that on the milan stock exchange we're looking at a punishing session off by 4.25%. let's move on to the currency markets not surprisingly
. let's start with this. rupert murdoch and his son were supposed to be the focus of a british parliament hearing today in london but they were upstaged momentarily by an intruder who somehow managed to get very, very close to the murdochs, too close as you're about to see. watch. so no official word yet as to who exactly that guy in the plaid shirt was. we know he was shouting you greedy billionaire, but he pushed a plateful of shaving cream into rupert murdoch's face before he was grabbed, first by his wife, if you watch it, not in this shot but you can see she was wearing that bright pink jacket, and then by authorities. they did take a quick break. he then continued jacket off to answer questions before parliament's committee on media, culture and sports. so the members wanted to know this, how much did rupert murdoch and his top executives know about the phone hacking by reporters on his payroll, how closely he followed day-to-day operations. the newspaper closed because of this whole thing. and how responsible he feels about this entire affair. >> do you accept that ultim
, you're a rupert murdoch customer. the murdochs both father and son have their work cut out for them. >> they have two different things in their testimony tomorrow. they got acknowledge responsibility. they have to say that what is completely obvious is that this wasn't abe ration, it was apparently thousands of people who were hacked and the idea they didn't know is propest rous. at the some time, they can't con fes to crimes. >> another twist a former news of the world reporter a man who blew the whistle has been found dead in his home. one of the first to go on the record saying that his colleagues were encouraged to hack. the death is being treated as unexplained but not suspicious. the hacker group hit the sun, a murdoch paper, it posted fake articles and now some hackers saying they're sitting on news of the world e-mails. >>> two weeks until america runs out of money to pay its bill. just under half of the americans have confidence that president obama will hado the right thing. they're lingering between 25 and 35%. you can see president obama at less than half. 45% is higher
some are calling a cozy relationship with rupert murdoch's media empire. >> go to used of parliament this morning. fireworks yesterday. the consensus, though, is david cameron is not likely to lose his job over this but that he's under enormous pressure right now. >> reporter: he's definitely is. he's got a lot to defend himself today. basically, this is a special day in parliament. they were supposed to go into summer recess but instead they are having this special address by the prime minister here. he's really going to try to prove a point here, that he's is going to underline the phone hacking scandal, say this is how i dealt with it and now we need to move on. here is how he put it when he was in africa for a trip. >> i don't underestimate the problem. parts of the immediate okay dreadful, illegal acts. police have questionses to answer about corruption and a failed investigation. politicians have been too close to media onus. these are big proximate but we're a big country and we'll solve it. >> reporter: now, the main issue he's going to have to teal with is why he decided to
of these -- it came clear from the first couple of questions to you, rupert murdoch, that you've been kept in the dark quite a bit on some of these. is there no -- >> nobody kept me in the dark. i may have been lax in not asking more, but it was such a tiny part of our business. >> i understand that. obviously, it has come to that point, you wouldn't be here if it wasn't extremely serious. >> i'm extremely serious. >> is there no written rules that certain things have to be reported straight to the very t top? >> yes. anything that's seen as a crisis comes to me. >> mr. cain, may i? i think it's important to know there's a difference between being kept in a dark and a company that's a large company, the management of which is delegated to managers of different companies within the group and so on and so forth. i think to suggest that my father or myself were kept in the dark is a different thing from saying that actually the management and the running of these businesses is often delegated either to the chief executive of a different company or an editor or managing editor and decision-making has to b
citizen, so she is compelled to go, although we do have news this morning that both rupert murdoch and his son, while rupert murdoch is not a british citizen, will in fact testify before parliament. there she is, rebekah brooks, being supported by rupert murdoch, she has offered her resignation and has left the company. >>> can you guess which newsmaker made this statement about media mogul rupert murdoch and the news of the world's alleged hacking of 9/11 victims here in the united states? quote, he is a very honorable, honest man. this can't be something that he would have had anything to do with. we'll tell you who said it right after this quick break. nine minutes after the hour. [ man ] they said i couldn't win a fight. but i did. they said i couldn't fight above my weight class. but i did. they said i couldn't get elected to congress. but i did. ♪ sometimes when we touch ha ha! millions of hits! [ male announcer ] flick, stack, and move between active apps seamlessly. only on the new hp touchpad with webos. >>> 12 minutes after the hour. before the break, we asked you if you could
scandal. british lawmakers grilled rupert murdoch and his son james for hours and hearing televised all over the world. murdoch's media empire has been rocked by accusations of police payoffs, phone hacking and corruption at his british newspapers. and troughout the hearing, all of the charges kept coming back to one central question. take a listen. >> do you accept that ultimately, you are responsible for this whole fiasco? >> no. >> you are not responsible? who is responsible? >> the people that i trusted to run -- and then maybe the people they trusted. >> the murdochs did their best to distance themselves from the worst allegations, but the question still remains what exactly did they know? and what actions did they condone? one lawmaker thinks they know more than they let on. >> are you familiar with the term willful blindness? >> mr. sanders, would you care to elaborate? >> it is a term that came up in the enron scandal. willful blindness is a legal term. if there is knowledge that you could have had and should have had, but chose not to have, you are still responsible. >> mr. san
that the inner circle of rupert murdoch is crumpling. >> we were spending money on private investigators doing these practices. >>> free at last, or is she? >> caylee! >> out of jail but will casey anthony ever have a moment of peace? and what was she thinking? attacking a judge? security officers to the rescue. >> she was not remorseful at all actually. >> and what is she thinking with these nails? >> do you frighten children ever? >> one on one with the nail lady. it's all right here, right now on cnn. >>> good evening, everyone. i'm don lemon. we begin with the stunning turn of events and the deepening and embarrassing hacking and bribery scandal infecting fox news channel's parent company news corp. tonight, rebecca brooks who headed up the newspapers is out on bail after her arrest earlier in the day. another shocker. the head of the same department that arrested brooks, london's metro police commissioner falls victim to the same widening scandal. >> i have taken this decision as a consequence of the ongoing speculation with news international at a senior level and in particular to mr. ne
giant rupert murdoch. a closer look at the young wife leepg to her husband's defense. >>> plus from the streets to the stage you'll meet the korea's got talent star who is wowing the world. >>> you might remember susan boyle the woman whose voice captured the world's attention during her performance on the television show britain's got talent. now korea's got talent has discovered a new voice with an amazing story behind it. here is cnn paula hancock in seoul. >> reporter: trying to calm those last minute nerves, he seems just like thousands of other hopefuls on korea's got talent. but he's not. >> reporter: for the next ten years he lived on the streets selling gum and energy drinks. he slept in stairwells or public toilets. and then came this. ♪ >> reporter: this powerful baritone voice from a 22-year-old is as impressive as his determination to pull himself from the streets to the stage. his rendition of the italian song, "in my fantasy" reduced the judges and audience to tears. choi says he still feels uncomfortable being a part of the competition. >> reporter: but he did make
predecessors have been criticized for their ties to news corp. chairman rupert murdoch and the people who run his london media operation. >> the public expects is not petty political point scoring but a -- what they want, what they deserve is concerted action to rise to the level of events and pledge to work together to sort this issue out once and for all. and it is in that spirit that i commend this statement to the house. >> in this country, a new debt ceiling compromise seems to be getting traction in washington. six senators, three republicans, and three democrats are offering a plan to cut the nation's debt by about $3.7 trillion over the next decade. it includes spending cuts and about a trillion dollars in new tax revenue. republicans have insisted on deep cuts and no tax increases before they'll agree to raise the country's borrowing limit. that debt ceiling deds line is now just 13 days away. minnesota's three-week government shutdown is over. democratic governor park dayton signed a budget bill today. he and republican lawmakers finally agreed to use accounting gimmicks to close th
week. >>> the headline-grabbing word scandal no longer captures what's happening to rupert murdoch's empire. targets as high as the prime minister and the queen and with one of his top lieutenants arrested in london today, this is a moment of reckoning for journalism. is there really any evidence of misconduct here in the u.s.? are murdoch's critics using this crisis as an excuse to vilify him. our guests include the editor of "the guardian." how much is the press being spun by the president and the republicans. i'm howard kurtz. this is "reliable sources." >>> the murdoch media empire is in all-out damage control mode as the scandal at the british papers continues to spread on this side of the atlantic, the fbi opened a preliminary investigation on whether phone hacking took place in the u.s. and the dizzies pace of developments has made headlines around the world. >> mps finally forced murdoch to withdraw his bskyb bid. his empire has cracked, but is it broken. >> following breaking news in london where the embattled chief executive of murdoch's newspaper has resigned. >> news in
who headed his british newspapers, rebecca brooks, often referred to as rupert murdoch's surrogate daughter, is arrested. hour later, another shocker. the head of the same department that arrested brooks falls victim to the same widening scandal. >> i have taken this decision as a consequence of the ongoing speculation and accusations relating to the mets links with news international at a senior level, and in particular in relation to mr. neal wallace, who as you know was arrested in connection with operation wheating last week. >> what brought sir paul stephenson down? his dealings with neal wallace, who had once been an executive editor of the "news of the world" paper. and that brings us to rebecca brooks. at the top of the murdoch food chain, and possibly the linchpin in an unfolding drama already ensharing britain's corridors of power. brooks is answering police questions. >> reporter: in the cozy world of british politics and media, rebecca brooks was at its very center. she wined and dined the rich and powerful on behalf of her boss and mentor, rupert murdoch. brooks first
for an investigation of rupert murdoch's media empire as the company pays a new price for its phone hacking scandal. could a massive probe now under way in britain happen here in the united states? and the obama money-maybing machine. who's behind the cash and can the republicans compete? >>> president obama and the congressional leadership are under enormous pressure right now, about 40 minutes into their latest round of debt crisis talks. they haveless than three weeks until the deadline to raise the legal limit on the federal debt. and by all accounts, they're still very far apart. what if anything emerges from this meeting? consider the very dire warnings from the chairman of the federal reserve. ben bernanke using very strong words today, telling congress that the global financial system would be thrown into enormous disarray. that's a direct quote, if the u.s. treasury is deadbeat on its debt. >> ff we went so far as to default on the debt, it would be a major crisis. the treasury security is view as the most safest and liquid in the world. it's the foundation for much of our financial system
the united states may plunge into financial crisis. plu, media mogul rupert murdoch is just hours away from being grilled and lambasteds by british law makers and now a whistleblower in the growing phone hackl scandal reportedly is dead. and a 77-year-old man defends his home and family from an intruder with a gun. stand by for the dramatic story. that's even more compelling because -- get this -- he's a member of the united states congress. i'm wolf blitzer. you're in "the situation room." >>> the u.s. defaulting on its debt for the first time in history? we can't state it enough, this has enormous consequences for all of us, and time is quickly running out to prevent what the president calls armageddon. let's check in with kate baldwin. she's standing by with the latest. where do the negotiations stand right now? >> the two top republicans in the house. no official readout from the white house, but president obama says we are making progress when asked today by reporters how the debt talks were going when he was leaving an event in the rose garden. on the part of speaker boehner, a spokes
. >>> rupert murdoch, deep into a scandal in britain and now here in the united states. the fbi now investigating alleged phone hacking as murdoch prepares to face angry members of parliament. >>> plus, most americans have never heard of him, but he can instill fear in republican lawmakers who even think about raising taxes. i'll talk to grover norquist about america's debt and his own clout. >>> and what jurors were thinking when they cleared casey anthony of murder. one member of the panel now breaking her silence about the verdict that is letting anthony go free this weekend. >>> i want to welcome our viewers in the united states and around the world. i'm wolf blitzer. you're in "the situation room." >>> one of the world's biggest media empires in crisis now. rupert murdoch publicly apologizing for serious wrongdoing and is now the front tabloid, the news of the world. the new ad in british newspapers coming days before he and his son are scheduled to face members of parliament. our correspondent brian todd and allan chernoff are standing by. first to london and our senior corres
-out quarter. >>> media mogul rupert murdoch and his son faced certain questions from uk legislators. now the phone hacking saga rolls on with a new parliamentary report saying murdoch's news international, quote, deliberately tried to obstruct a police investigation into the now defunct "news of the world". in the meantime, prime minister david cameron is getting ready to make an emergency statement on this crisis after flying back early from a trade trip to south africa. >>> many of us here in hong kong watched that testimony and we stayed up pretty late to watch it. rupert murdoch denied any knowledge of phone hacking at the "news of the world," but it was his son james who actually did most of the talking, intervening when his father seemed at a loss for words. it was murdoch's wife wendy who intervened in a very different way. dan rivers has the details for us. >> i would just like to say one sentence. this is the most humble day of my life. >> reporter: this was how rupert murdoch started. despite his apparent contrition, he surely had no idea what was about to literally hit him. wh
of the world" and "the sun" was a part of it. >> thank you. >> miss brooks, rupert murdoch in his evidence session said quite clearly that the responsibility for the closure of "news of the world" lay fairly and squarely with senior management of that paper, which i assume that includes you. is that the case? >> i think -- i think i may have missed that part of the evidence. i think mr. murdoch said it exactly how it was, that it was a collective decision. we all talked together. mr. murdoch was abroad at the time at a conference. we all talked together -- >> is that mr. murdoch senior? >> sorry, yes, rupert murdoch. yes. >> you wanted to say something else? >> no. sorry. >> when you were advising your staff that the paper was closing, during the private session, i think you said something like there was more to come. would you like to expand on what you meant by that? >> when i went down to the newsroom, to explain the decision, clearly and quite rightly, the journalists on the "news of the world" who very honorable journalists who have been putting out a newspaper under the scrutiny for
david cameron, and the culture secretary on either side of rupert murdoch. the pressure is rising on the media mogul. it was britain's worst peacetime act of terrorism. but now, there are concerns that families of those killed on 7/7, in 2005, were also eavesdropped upon by the british tabloid, "news of the world." graham lost his son, david, in the attack. and says his phone may have been hacked by reporters. >> the thought that somebody may have been listening to me begging for david to phone home. i thought we were in a dark place and i didn't think anybody could make it darker. but i'm proved wrong. >> reporter: the phone hacking scandal is so shocking, it's prompted an emergency debate in britain's parliament. >> it's make the public. and i feel so appalled by what's happened. murder victims, terrorist victims, who had their phones hacked. that's why there's a full police investigation, with all of the powers they need. we have the inquiries to get to the bottom of what went wrong. >> reporter: it's put former "news of the world" editor, rebecca brooks under incredible pressu
that scotland yard has made an arrest in the scandal that has rocked rupert murdoch's media empire and yet another remainor how serious the hacking investigation is. london's top police officer faces a public grilling today. dan rivers is on that for us. dan, what do you think? >> reporter: paul stevenson, the top policeman in the uk, is being questioned at the moment by the metropolitan police authority. particularly coming under pressure because, this morning, they arrested a former deputy editor i "the news of the world" neil wallace, arrest number nine as part of this and the other inquiry into corrupt or bribing police officials for information. now, the important thing is here is already we know one of the senior policemen in scotland yard john yates has already admitted having lunches with neil wallace, the man now arrested. a lot of pressure on one senior policeman, john yates, therefore, top pleasure on the top policemen. rupert and james murdoch are hounded in the people behind the building me to come and appear and justify what happened in their newspapers. james murdoch saying
empire, this just a day after rupert murdoch insisted to lawmakers he didn't know much. >> i don't know. >> i don't know. >> i was not aware at the time. >> i don't have any memory. >> i don't know anything about that. >> i'm not sure what i said. >> i cannot spare to the accuracy of it. >> i just don't remember. >> check this out, a pie attack. you see it there, bottom left of your screen. the most memorable moments of the intense two-hour hearing. the pie man is a comedian who sent a tweet before the attack comparing murdoch to mr. burns, yes, that mr. burns on the left, the sinister but powerful simpsons character. the attacker is facing criminal charges this morning. will rupert murdoch face any? here is jeffrey toobin on "ac 360." >> a lot of people have talked about the possibility of criminal charges in the united states, the foreign corrupt practices act or something connected with hacking of 9/11 victims. there is really no credible evidence at all of any sort of american criminal violations by anyone in connection with news corp. so i really think the question is really a busi
stories, this friday, july 8th. news corp boss rupert murdoch folds his tabloid. >>> shuttle "atlantis" files up for one final foray. >>> and harry potter fans unite for one last wave of the wand. >>> it's the end of the "news of the world." that shamed british sunday newspaper is shutting down. after this weekend's edition and 168 years of history, the last edition of the "news of the world" will have rolled off the printing presses. >> now, as outrage spread from the public to the politicians and finally to the advertisers, rupert murdoch took decisive action. his son, james, announced the paper would close after this coming weekend and that all the staff would be out of a job. james, of course, is the chairman of news international. he posted his statement online for all to see. the key line in that statement, the news of the world is in the business of holding others to account, but it failed when it came to itself. charles? >> it appears that failure could lead to the arrest of this man. former editor andy coorson. reporting suggest that he is supposed to turn himself over this mo
. this scandal shaking rupert murdoch's media empire claimed another casualty today. london's assistant police commissioner john yates resig d resigned. yates calls his decision, quote, crap. his resignation is one day after scotland yard chief paul stevenson quit. he came under fire for hiring a former "news of the world" editor as his pr kumt ant. that man was arrested in the scandal last year. british lawmakers expect rupert murdoch's protege rebekah brooks to show up tomorrow to answer questions. despite her arrest over the weekend, her spokesman says she will be there. she's denying she knew her reporters hacked phones for scoops while she was the newspaper's editor. rupert murdoch, chairman of news corp, and his son james are expected to testify alongside brooks tomorrow. they will appear before parliament's media committee. >>> a heatwave hitting the middle of u.s. extremely high humidity makes it feel as hot as 117 degrees in some places. that heat is creeping east. >> brutal. i probably lost 10 pounds today. it's crazy. >> we are sweltering, and we're just asking for some relief here
that brought down -- that is bringing down parts of rupert murdoch's news empire. i'll get you more on that in just a moment. i wish i could say there's big news about the debt ceiling talks. i can't tell you that. there's more drama than dealing going on in d.c. right now. a fifth round of talks is set for today. but yesterday didn't go so well. house republicans called for a short-term extension and house majority leader eric cantor says this is what the president said in response. quote, don't call my bluff, eric. and then he walked out a few minutes later. president obama said all along he'd veto any short-term measure. ed administration says failure to raise the $14.3 trillion debt ceiling by august 2nd could trigger a partial default on the part of the united states. thanks to that debt ceiling issue and the possibility of default you're on notice. i'm on notice. everyone from maine to san diego is on in. moody's investor services, the debt rating agency plans to review the nation's aaa bond rating and might downgrade it from stable to negative. standard & poors has the u.s. b
over raising the debt limit. also new apologies from media mogul rupert murdoch. he met with the family of a murdered teenager whose phone was hacked by his now defunct tabloid. there are fast-moving developments in this scandal. it's ungulfing his entire news empire. and as casey anthony prepares to get out of jail on sunday, will she shun the media spotlight or will she try to capitalize on her supposed fame? i'm wolf blitzer. you're in "the situation room." >> president obama back at the bully pulpit for the second time this week to make sure ameripay bill. he went before reporters to keep pushing raising the debt ceiling limit before the august 2 deadline. he seems to be softening his terms somewhat. let's go to the white house. our correspondent dan lothian has the very latest. >> he said it' time for law makers from both parties to make tough choices. he says he's been willing to put entitlement programs on the table, but even so, there's no deal tonight. and some republicans are saying it's time for the president to put his own plan on the table, not make another speech. presiden
on the right with rupert murdoch on the left. she could be questioned by police today. les hinton told investigators in 2007 that the firm hiking was limited to one reporter. news internation nal said that that conclusion was based on an examination of 2,500 e-mails. but the shocking resch lagss continued to pile up and i suppose the rest is history and now media mogul rupert murdoch has flown no to take part in what is just a mench. he's trying to save the takeover of his british sky broadcasting known as b sky b. it does have the backing of news corps. despite that monday's independence says the deal appears, quote, dead in the water, pauline. >> well, charles, let's take a look at how all of this has affected the stock. it's dented news corps shares. it was one of the worst performing stocks on the sydney today, down 5.1%. at the close on this monday, it was selling at 15 aussie dollars. with the deal in question, it could slide even further. charles? >> don has been following this saga and joins us outside the house of commons. dan, what is the mood. is there a mood to stifle this
the "news of the world" hacking scandal is the talk of the nation. both political parties say rupert murdoch should drop his bid to buy a major satellite broadcaster. prime minsters david cameron wants an inquiry. they've called for murdoch, his son james and a former editor of the newspaper to testify before parliament this week. >> there are an awful lot of questions as to why this continued for so long, who authorized it, the extent of the activity, not just now, but also, we understand in other international newspapers, possibly even wider. there are an awful lot of questions that have to be addressed. >>> the scandal has torpedoed shares in murdoch's company. news corp's shares are down 14% since july 4th. >>> police in florida arrested a plan they think shot and killed a priest. apparently the suspect made the manhunt pretty seize zi. jeremy mariani gunned down the priest at a beach house in mississippi, stole the money and the car and took the family to disney world. the s.w.a.t. team nabbed him outside of world. >>> quickly, let's talk about the alleged tucson gunman, loughner. a fe
of responsibility. >>> media baron rupert murdoch has abandoned his attempt to take over bskyb. it was dropped after all the parties in parliament called on murdoch to dump his plans to pursue it. at least four members of the u.s. congress want the government to investigate whether u.s. citizens were victims of phone hacking by murdoch's media outlets. international journalists were attempted to hack into the phone messages of 9/11 victims. > ruling party officials say mr. salih will go back after he's 4 surgery. >>> those are the headlines. those are the headlines in cnn in london. "world business today" starts now. >>> very good morning to you from cnn rome. >> and good afternoon from cnn hong kong. i'm pauline chu and this is "world business today." these are the top stories on this thursday, july 14th. running on empty and running out of time on both sides of the atlantic. there's a tense stalemate in washington as lawmakers fail yet again to head off the looming debt default. >>> meanwhile, italy races to push through austerity measures and restore confidence in the country's economy. >>> plus,
media scandals straight, please? >> if you blinked today, you'd miss something. if rupert murdoch thought getting to the weekend and closing down the news of the world the sunday tabloid read by about 5 million people in this country was going to draw a line in this scandal, he was sorrily mistaken. news today that the prime minister, the former prime minister, gordon brown, may have had information by reporters not from the news of the world, in fact, but from another paper in the same stable of newspapers, that is the news international family. i've just got a tweet from -- from his wife, sara, who said so sad to learn all i am about my family's privacy. it's very personal and really hurt if it's all true. now, the allegations are that reporters from the sunday times newspaper may have tried to get information from his accountants and his banks and tried to get medical records on one of his sons who sadly has cystic fibrosis. really a quite dreadful and scandalous part of a big scandal. wasn't just the biggest guy out there today who may be a victim of this targeting. charles an
media moguls faces an extraordinary grilling. rupert murdoch will come face-to-face with outraged members of the britt parliament. they are supposed to hammer him and his allies on a empire destroying jobs and careers and now raising new questions about his company's conduct right here in the united states. bribery, hacking, corruption of power. lawmakers say the allegations are not about just sleazy journalism, about the power of an empire that has gone largely unchallenged, before now. it's 9:00 a.m. on the east coast and 6:00 a.m. on the west coast. thanks for joining us. >>> here are other stories we will take a look. another step in the nation's debt crisis but not any closer to a final deal. the house will vote on a republican measure but the president says he won't even consider it. the government deadline remains august 2nd before it runs out of money. >>> the space shuttle "atlantis" on its way home. this morning, it did undock from the international space station and began the final voyage in the program's 30-year-old history. >>> now back to the murdoch media scandal an
outrage over private information that found its way into rupert murdoch's newspapers in britain. let me say for the record that journalists are supposed to dig up information and just because somebody considers something private doesn't necessarily mean it's not newsworthy. but the murdoch scandal centers on alleged illegal phone hacks and bribes to police to get phone numbers, voice mails and documents from literally thousands of celebrities, politicians, members of the royal family, even murder victims. it's cnn's in-depth story of the week. today, former british prime minister gordon brown says murdoch papers got hold of his family's bank records. here's what brown told the bbc. >> i think what happened pretty early on in government is that the "sunday times" appeared to have got access to my building society account, they got access to my legal files, there's some question mark about what happened to other files, documentation, tax and everything else, but i'm shocked, i'm genuinely shocked to find that this happened because of their links with criminals. >> brown's predecessor refl
of mullah omar. the taliban says, no, he is alive and well. >>> one day after rupert murdoch tried to repel the british assault on his empire, it's the prime minister's turn to face parliament. david cameron tainted by claims that he was too cozy with the media giant and drew raucous responses in his appearance before the special session. >> what is the public expects is not petty political point scoring but a -- what -- what they want, what they deserve is concerted action to rise to the level of events and pledge to work together to sort this issue out once and for all and it is in that spirit that i commend this statement to the house! >> across great britain, public and political outrage has been boiling over claims of police bribery, phone hacking and a heartless abuse of power. james and rupert murdoch walked into parliament knowing that they had to tamp down some of that public anger so did they succeed some atika shubert is in london now. what are the people saying on the streets, atika? >> reporter: well, the remark that most people are really focused on is one of the mps, tom wats
to elton john, first singing and then delivering a message of personal thanks. >>> rupert murdoch built a media empire on the power of selling a scandal but now it's his mighty news corporation that is under siege from london to washington. a prominent u.s. senator jay rockefeller wants to know if u.s. citizens fell victim to sleazy or illegal news gathering so he is calling for an investigation amid reports that victims of the 9/11 attacks are among the nearly 4,000 people who had their phones hacked. the outrage is crushing. over the past week, the media giant has lost nearly $7 billion in market value. and the political damage is mounting. today, britain's prime minister meets with the family of a murdered little girl after a murdoch newspaper allegedly hacked her cell phone to gain an edge on that story. actor hugh grant who is both a vocal critic of murdoch and a frequent target of him explains why all of us in the u.s. should even care. >> rupert murdoch does own an enormous amount of your media with fox news and the fox station and 20th century fox pictures and et cetera. and som
, what happened was awful, but not my fault. rupert murdoch tells parliament he's not responsible for the phone hacking debacle that tarnished his media umpire. some of his staff staffers are punching back. >>> an angry president obama said the debt talks collapsed on friday right after "the new york times" said the two sides were close to a deal. is the president being spun in this budget brinksmanship which continues today. an online report about michele bachmann suffering from frequent migraines become as headache for her campaign. would that story be written about a man? >> yank uighar quits because he says the network told him to tone it down. he'll be here and he won't be toning it down. this is "reliable sources." >>> he looked well, 80 years old as he sat in the witness chair and hall tingly answered the questions. rupert murdoch says he runs a big company and couldn't be expected to know the details of illegal conduct at one london tabloid or precisely how it was covered up. the chief executive of news corp. went out of his way to down play his influence. >> sometimes i w
. the final edition is being prepared right now. the last edition comes out tomorrow. rupert murdoch who owns the paper decided to shut it down after allegations surfaced that its journalists illegally hacked phone messages belonging to murder and terrorist victims. rupert murdoch is expected to arrive in london tomorrow to deal with this crisis. >>> coming up, we will have a live report from london on the fallout from the scandal and what it could mean for the rest of rupert murdoch's vast media empire. >>> and the media everywhere have joined the chase after these two, the royal couple now on their whirlwind itinerary in southern california. but the duke and duchess of cambridge also have serious work ahead of them. ♪ ♪ look at that car, well, it goes fast ♪ ♪ givin' my dad a heart attack ♪ [ friend ] that is so awesome. ♪ i love my car [ engine revving ] [ male announcer ] that first chevy, yea, it gets under your skin. ♪ control your budget? yes. our "name your price" tool shows you a range of options. you pick a price that works for you. perfect. only one thing could make t
for joining us. >>> rupert murdoch facing new allegations of slesing reporting tactics. two more of his newspapers engulfed in scandal. live images now as two crew members from the international space station begin a lengthy list of chores. >>> cia plot revealed in the chase of osama bin laden. we will tell you about the fake vaccination drive to collect dna samples. >>> we begin this morning with the most powerful media empirs in the world rocked by a scandal that grows deeper and wider. two more of rupert murdoch's newspapers in great britain now face their own accusations of appallinging wrong doing. their report target no less than the royal family and a former prime minister. in fact, gordon brown says the paper had links to criminals in order to hack into his bank accounts. and the medical records of his seriously ill son. meanwhile, members of parliament are demanding tough answers from police. how do they not uncover a hacking conspiracy that could mushroom to thousands of victims? let's get the latest from rivers live in london. they are asking murdoch and his son to testify? >
. they can't force rupert and james murdoch to appear but they can force rebecca brooks to appear. if she continues to refuse to respond, issue a summons to her, they receiptcally they could send their security apparatus of the house behind me down to actually force her, you know, arrest her effectively to come along. >> all right. dan rivers for us. thanks so much. we will continue to follow this, of course, every day, new development and more troubling development. >>> still to come this morning, high ask dry. first lost their paychecks and now there may not be any beer to help pass the time during the government shutdown in minnesota. >> that's the part -- no beer. >> big problem. a lot of beer that won't be on the shelves. >>> the president's right-hand man on jobs. jeffrey immelt talks about how they plan to get america working again unchlgth fire under fire. >> gunfire all around us. we are rushing out of this area. with dha and essential nutrients also found in mother's milk. purina puppy chow. right now, go to priceline for a sneak peek at recent winning and better than ever! hote
foss rupert murdoch. will they get answers when he and their son appeared before parliament next week. why won't republicans take what they can get in debt talks. i'll ask paul ryan about this game of chicken that's making so many americans sick. [ male announcer ] to the seekers of things which are one of a kind. the authentic, the rare, the hard to define. to those always searching for what's pure and what's real from we who believe we know just how you feel. haagen-dazs. vietnam, 1967. i got mine in iraq, 2003. u.s.a.a. auto insurance is often handed down from generation to generation, because it offers a superior level of protection and because u.s.a.a.'s commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto insurance quote. u.s.a.a. we know what it means to serve. >>> casey anthony will be released from jail on sunday. as a free woman, she'll reportedly live in a secret location, likely under a new name, and according to some reports, she's being advised to dramatically change her appearance while her lawyers are aware of
on you! >> and that is the reaction to rupert murdoch right now in london. anger over that tabloid hacking scandal, but murdoch is trying to make amends. we'll tell you how. stay with us on "cnn saturday morning." great! at progressive, you can compare rates side by side, so you get the same coverage, often for less. wow! that is huge! [ disco playing ] and this is to remind you that you could save hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. you know, the ones who do such a super job, they're backed by the superguarantee®? only superpages®. wherever you are, wherever you're going, you'll find the super business you need. so next time, let the good guys save the day. get the superguarantee®, only at superpages®. in the book ... on your phone or online. >>> i didn't realize we were back up that quickly. >> yeah, man. >> my gosh, normally some of the things they can see. we usually, we're stuffing a turkey. we're wearing headgear, all ki
. the final is set for sunday. >>> britain's hacking scandal forces rupert murdoch to make a stunning move. and rushes relief to the site of pain. it's clinically proven to relieve pain twice as fast. new bayer advanced aspirin. there's another way to minimize litter box odor: purina tidy cats. our premium litters now work harder to help neutralize odors in multiple cat homes. purina tidy cats. keep your home smelling like home. vietnam, 1967. i got mine in iraq, 2003. u.s.a.a. auto insurance is often handed down from generation to generation, because it offers a superior level of protection and because u.s.a.a.'s commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto insurance quote. u.s.a.a. we know what it means to serve. personal pricing now on brakes. tell us what you want to pay. we do our best to make that work. deal! my money. my choice. my meineke. >>> under pressure by the british parliament, murdoch's news corp. announced today they will drop the bid for taking bs bs bs bskyb. let's go straight on tour cnn senior internati
going to be on james and rupert murdoch who are also going to be grilled by lawmakers in parliament on tuesday. they will be answering questions on just how much they knew about these alleged phone hackings. when did they know it. and if they did know about it sooner, why didn't they put a stop to it then? >> you might argue rupert murdoch is the last of the media barons but could this be the event that unravels his massive media empire. we'll talk about that later this hour. >> i just can't even concept a mother that could do this to her children. it tears me apart. >> do they know -- >> a jury said not guilty 12 days ago but that woman's judgment you just heard likely will follow casey anthony even as a free woman. after being under police and public scrutiny for nearly three years the mother acquitted of murdering her daughter is at an undisclosed location. officers released her just after midnight from a jail in orlando. martin savage was there. she left by the front door. was anybody expecting her to do that? >> reporter: no. this case has progressively been one surprise after
over that. what the family wants is an apology from rupert murdoch. that's not happened. public opinion here is so far out ahead of the government. people are so outraged over that story as well as the overall situation with "news of the world" that the government is really jumping up here and needs to act. one of the things that they're considering is blocking this big deal, takeover bid by rupert murdoch of british sky here. people don't want to see that deal go through, kyra. >> we'll continue to follow that story. i have a feeling a lot more is going to break, it's just starting to unfold. zain, thanks. >>> trying to broker a deal. in less than two hours from now, he will turn to the public with a news conference. dei dan lothian joins us from the white house. >> reporter: medicare and social security they don't want touched by this deal and on the other side, republicans are saying no tax hikes at all. you're seeing the president using his bully pulpit, if you will, for the second time now in as many weeks, the president holding a press conference, a chance to try to get both sides
as the son of rupert murdoch comes under scrutiny. scotland yard was urged to open a criminal investigation into claims that the news corp. lied to parliament. this after a day of two former employees accused murdoch of giving mistaken evidence. he was the one hammering away at both murdochs about what they knew and when they knew it, and tom watson joins us from london. thank you so much for being here. you say this is the most significant moment in two years of phone hacking investigations, and it all centers on an e-mail involving an ex-news of the world reporter. explain. >> yes, the significance of this is the top team of news of the world are fragmenting. for the former lawyer to accuse murdoch of misleading parliament is serious in itself, and if he is accurate, and james murdoch disputes it, but if the lawyer is accurate it shows that james murdoch knew there was other criminal wrong doing in 2008, and failed to report it to the police, and he also settled a case with a crime victim that came with a con ffidentiality clause, and he could have been buying silence, which in this count
. >>> the british government looks to back calls from rupert murdoch to drop his bid for bskyb as phone hacking allegations surrounding his uk newspapers continue to chip away at the value of his entire media empire. >>> china's building boom shows no signs of slowing down much to the dismay of this man who calls this makeshift building his home. [ female announcer ] now you can apply sunblock to your kids' wet skin. new neutrogena® wet skin kids. ordinary sunblock drips and whitens. neutrogena® wet skin cuts through water. forms a broad spectrum barrier for full strength sun protection. wet skin. neutrogena®. [ding] announcer: clean kitchen surfaces, utensils, and hands with soapy water. one in 6 americans will get sick from food poisoning this year. keep your family safer. check your steps at foodsafety.gov. >>> welcome back. live from rome and hong kong, you're watching "world business today" on cnn. >>> for media tycoon rupert murdoch, the sky may indeed be the limit. we're talking about british sky broadcasting. a downing street source tells c flfrnlthsn the british government will back
'm suzanne malveaux. up to speed for this tuesday, july 12th. >>> calling rupert murdoch to testify about the growing scandal that's engulfed his newsnews empire. senior executives will appear. and parliament also summoned murdoch's son james and former "news of the world" editor rebecca brooks. >>> in london today, the parents of murdered teen milly met political leaders in parliament. salley and bob say the phone hacking investigation nuft look at politician's ties to the media, and dowlers say it fueled this. they were given false hope she was alive. it led to other disclosures of hacking or hacking attempts that reached all the way to the royal throne. >>> well, stocks are treading water today. the dow chips have been moving between positive and negative territory all morning. the dow jones down about 16 points or so. investors are perhaps taking a breather on negotiations over the debt ceiling playing out in washington. >>> president obama says there's a groundhog day feeling at the white house. he and congressional leaders immediate again today to work on a deal to raise the nation'
and their families. the meeting has yet yet been set. >>> rupert murdoch is back in the united states. he and his wife returned to their new york home yesterday. there is a lot on rupert murdoch's plate. news corp. is facing an fbi investigation and at least two u.s. based lawsuits filed by shareholders. also a possible standard & poor's downgrade. >> developing cnn learning at least 22 deaths blamed on the stifling heat gripping the nation. right now more than 140 million people in at least 30 states are under advisories or warnings dealing with near triple-digit temperatures. expected to stay in place through joust the weekend. >>> terrorists may be targeting private u tilts in the united states. department of homeland security putting state and local law enforcement on alert for potential threats. while there is no specific credible intelligence, officials say, quote, several recent incidents highlight the ongoing threat to private sector utility facilities. >>> some 22 thousand state workers in minnesota are back on the job this morning. they had been out of work since july 1 because of a gov
party leaders take a stand against rupert murdoch. now he is dropping plans to buy the country's biggest satellite tv company. >>> a bliserring heat wave moves south. 11 states are under heat advisories. now some crops are in danger. >>> plus, are men finding jobs faster in this economy than women? that's what a new study suggests. >>> and finally, casey anthony jury was split down the middle before selttling on a verdict. >> what convinced you and the five others to switch your votes to not guilty? >> i think everyone will tell you the same thing. rk faster anr so you can get back to playing "angry birds." it lets you access business forms on the go, fire off e-mails with the qwerty keypad, and work securely around the world so you can get back to playing "angry birds." it's the android-powered phone that mixes business with pleasure. so let's get our work done, america, so we can all get back to playing "angry birds." the motorola expert from sprint. trouble hearing on the phone? visit sprintrelay.com. really? 25 grams of protein. what do we have? all four of us, together? 24. he's low
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